PackageTrendsPeer
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Commonwealth Utilities Employees

Wareham, MA · Charter 67846

NCUA · 1 branch

Q1 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2021, the quarter ended March 31, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Commonwealth Utilities Employees

Wareham, MA · Charter 67846

NCUA · 1 branch

Q1 2021

$48.2MAssets
$10.2MLoans
$40.9MShares
$7.1MNet Worth

Executive Summary

  • Earnings: ROA of 0.25%, down 23 bps year over year; NIM at 1.70%.
  • Asset quality: problem loans at 0.23% of loans (-38 bps YoY).
  • Capital: net worth / assets of 14.67%, down 181 bps from a year ago.
  • Funding: loans stand at 24.83% of shares as of Q1 2021.

Return on Assets (YTD, annualized)

0.25%-23 bps YoY

Net Interest Margin (YTD, annualized)

1.70%-69 bps YoY

Efficiency Ratio (YTD, annualized)

87.21%+497 bps YoY

Net Worth / Assets

14.67%-181 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2019Q3 2019Q4 2019Q1 2020Q2 2020Q3 2020Q4 2020Q1 2021YoY ΔTrend
Earnings
Return on Assets0.61%0.68%0.67%0.48%0.45%0.42%0.41%0.25%-23 bps
Return on Equity3.67%4.05%4.01%2.90%2.82%2.71%2.68%1.70%-120 bps
Net Interest Margin2.46%2.47%2.46%2.39%2.19%2.08%1.99%1.70%-69 bps
Efficiency Ratio78.44%76.11%76.24%82.23%81.84%82.20%82.11%87.21%+497 bps
Growth
Asset Growth (YoY)-0.44%0.24%3.11%3.29%7.75%10.35%12.32%14.51%+1,122 bps
Loan Growth (YoY)2.45%3.08%3.61%-1.92%-10.07%-11.51%-3.14%-0.17%+175 bps
Share Growth (YoY)-1.52%-0.33%3.02%3.53%8.68%11.89%13.93%16.84%+1,331 bps
Asset Quality
Delinquent Loans / Loans0.51%1.10%0.81%0.60%0.44%0.43%0.48%0.23%-38 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.29%1.15%0.91%0.77%0.75%0.76%0.71%0.67%-10 bps
Capital
Risk-Based Capital16.58%16.67%16.67%16.48%15.88%15.50%15.18%14.67%-181 bps
Net Worth / Assets16.58%16.67%16.67%16.48%15.88%15.50%15.18%14.67%-181 bps
Liquidity & Funding
Loans / Shares31.85%32.46%31.42%29.06%26.36%25.67%26.71%24.83%-423 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps